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physical metals make sense in a perfect world, unfortunately we don't live in one

the amount of zero's behind your name probably won't mean much as we head toward the boiling pt.

Thanks, I add more shorts there too.

SPY 116.80 area should be tested during market hours

It sort of makes sense for Europe to be elated and us to sag over our bailing them out. I expect a double bottom for them yet, too. Could be soon, or their rally may have legs for another day or so.

If we rally with them today and tomorrow, I think our low will come Friday or Monday.

I went short on some May 112 puts Monica. Not a lot, but some.

Yeah, I think taking at least some short position at the open is wise. It's hard to tell if it rallies some more during the first half hour, or just drops like a rock. I'm going to get some shorts at the open too.